A hectic life and constant stress can cause long-term disease, potentially putting you in hospital and denting your finances. And no, this isn’t some unfounded fear. A study by the Kaiser Family Foundation said Lousiana is among the most expensive places for health insurance with annual individual premiums averaging $9,796.
Let’s learn everything there is about cheap health insurance in Louisiana.
Top Cheap Health Insurance in Louisiana
Several insurers operate in Louisiana, offering affordable plans to protect your family from long-term medical costs. Here are the cheapest health insurance plans in Louisiana to consider.
Beem
Beem is a popular marketplace for health insurance, offering a range of affordable plans from multiple providers. They specialize in short-term medical, accident, critical illness, and dental insurance, providing flexible options for various lifestyles and budgets. With their association with Allstate, Beem ensures you can find coverage that suits your needs and budget in Louisiana.
| Factors | Details |
| Pros And Cons | Pros Short-Term Medical: Flexible coverage duration, includes benefits for office visits and urgent care, and offers a wide range of deductibles and coinsurance. Accident Insurance: Helps cover out-of-pocket costs after accidents or hospitalization, flexible plan terms, and no network restrictions. Critical Illness: Provides cash benefits for out-of-pocket costs, no deductibles, and no network restrictions. Dental: Covers preventive and basic services from day one, multiple benefit levels, no waiting period for preventive care, and access to a national network. Cons Short-Term Medical: Not ideal for those with pre-existing conditions. Accident Insurance: Coverage is limited to accidents and specific illnesses. Critical Illness: Only covers specific critical illnesses like cancer, heart attack, or stroke. Dental: Coverage limits may be low compared to standalone dental plans. |
| Monthly Cost | Short-Term Medical: Monthly fees vary between $143 and $612, depending on the provider. Accident Insurance: Monthly fees range from $2 to $52, based on the provider. Critical Illness: Costs range from $17.49 to $46.14, depending on the service provider. Dental: Depending on the provider, monthly fees range from $8.90 to $50. |
| Out-Of-Pocket Costs | Short-Term Medical: Depends on the providers. Accident Insurance: No out-of-pocket costs. Critical Illness: No out-of-pocket costs. Dental: No out-of-pocket costs. |
| Deductibles | Short-Term Medical: Deductibles range from $2,500 to $5,000. Accident Insurance: The average deductible is around $250. Critical Illness: No deductible. Dental: Deductibles range from $0 to $50. |
Blue Cross Blue Shield
Blue Cross Blue Shield offers a variety of health insurance plans in Louisiana, catering to different needs and budgets. Their plans are known for their balance of cost and coverage, making them a popular choice for many residents.
| Factors | Details |
| Pros And Cons | ProsLower premiums, broader coverage.Balanced cost and coverage. Lower out-of-pocket costs. ConsHighest out-of-pocket costs.Higher monthly premiums. |
| Monthly Cost | Based on their multiple plans, monthly costs vary from $457 to %579. |
| Out-Of-Pocket Costs | It has four plans, and costs vary from $7,900 to $9,450. |
| Deductibles | From $1,000 to $6,500. |
Vantage Health Plan
Vantage Health Plan offers cost-effective health insurance options for Louisiana residents, focusing on local communities and wellness programs. Their plans provide competitive pricing and comprehensive coverage, making them a popular choice for many individuals and families.
| Factors | Details |
| Pros And Cons | Pros Low premiums, preventive care benefits, wellness incentives. Cons A smaller network of providers, limited to certain areas. |
| Monthly Cost | The monthly cost varies depending on the plan, from $450 – $570. |
| Out-Of-Pocket Costs | An average out of pockets differ from $7,000 – $8,500 |
| Deductibles | It can be from $1,000 to $6,500, depending on which term plan you are interested in. |
CHRISTUS Health
CHRISTUS Health provides a robust health plan designed for military families, ensuring they receive the high-quality care they deserve. With comprehensive coverage, seamless regional transfers, and Department of Defense approval, CHRISTUS Health’s Family Health Plan offers reliable and uninterrupted health care for those who serve our country.
| Factors | Details |
| Pros & Cons | Pros Comprehensive coverage. Approved by the Department of Defense. Seamless transfer between regions. Tailored for military families. Cons Limited to TRICARE Prime eligible members. Potential network limitations in some areas. |
| Monthly Cost | The monthly cost varies depending on the plan, from $300 – $400. |
| Out-Of-Pocket Costs | An average out of pockets differ from $3,000 – $6,000. |
| Deductibles | It can be from $0 – $1,000, depending on which term plan you are interested in. |
United HealthCare Services
United HealthCare Services offers various insurance plans to cover healthcare needs from birth to adulthood. Their options include comprehensive health insurance, short-term plans, dental, vision, and supplemental coverage, ensuring you can find a plan that fits your lifestyle and budget.
| Factors | Details |
| Pros And Cons | Pros Wide range of plans. Extensive network. Flexible options, including short-term and supplemental coverage. Cons Higher premiums for comprehensive plans. Complex plan structures. |
| Monthly Cost | It varies from $300 – $600. |
| Out-Of-Pocket Costs | An average out of pockets differ from $4,000 – $8,000. |
| Deductibles | Depending on the plan, it may vary from $1,500 – $4,500. |
Humana Health Benefit Plan of Louisiana
Humana Health Benefit Plan of Louisiana offers a range of health insurance options tailored to meet the needs of different individuals, particularly those eligible for Medicare and Medicaid. While availability and costs vary, Humana’s comprehensive coverage and coordinated care options make it a strong choice for Louisiana residents seeking reliable health insurance.
| Factors | Details |
| Pros And Cons | Pros Comprehensive Medicare coverage. Diverse plan options. Coordinated care with Medicaid. Cons Limited availability in some areas. Varying costs and coverage by location. |
| Monthly Cost | It varies from $350 – $550. |
| Out-Of-Pocket Costs | An average out of pockets differ from $3,500 – $7,000. |
| Deductibles | Depending on the plan, it may vary from $1,000 – $3,000. |
Aetna Life Insurance Company
Aetna Life Insurance Company offers extensive and innovative health insurance options, ensuring comprehensive coverage for various needs. With a global network and a commitment to affordability and accessibility, Aetna provides reliable health insurance solutions for individuals and families in Louisiana and beyond.
| Factors | Details |
| Pros And Cons | Pros Extensive global network. Comprehensive coverage options.Innovative plans. Cons Offering a comparatively higher premium rate for comprehensive plans. The coverage rules are complex and non-reliable. |
| Monthly Cost | It varies from $350-$600. |
| Out-Of-Pocket Costs | An average out of pockets differ from $4,000 – $8,000. |
| Deductibles | Depending on the plan, it may vary from $1,500 – $4,500. |
Conclusion
Consider how much you pay each month, the costs when you need care, and how much you have to pay before insurance kicks in. When you’re looking for the best insurance in Lousiana, the marketplace Beem is a great choice. You can compare different plans like short-term, medical, accident, critical illness, and dental insurance. On Beem, you can find a plan that fits your family and make sure you can get good healthcare when needed.
Read Related Article: Cheap health insurance in Maryland.
FAQs
Who offers the lowest health insurance rates in Louisiana?
It varies depending on age, location, and coverage needs. It’s best to compare quotes from different insurance companies to find the lowest rates for you.
How do you get free health insurance in Louisiana?
There isn’t typically “free” health insurance, but Louisiana does offer Medicaid for low-income individuals and families. During open enrollment, you can apply for Medicaid through the Louisiana Medicaid Online Application Center or the Healthcare.gov website.
Which plan has low deductibles and out-of-pocket costs in Louisiana?
Plans with lower deductibles and out-of-pocket costs usually have higher monthly premiums. You can find these plans by comparing different insurance options and choosing one that balances monthly costs with deductibles and out-of-pocket expenses based on your needs and budget.
